This ensures that any payout for damage or liability can be processed more smoothly, and it can help protect your interests if something happens on the property. 

@Dave Bobka @Justin Arnold So, if an investor is looking for a larger, family style home for a Section 8 tenant that is dependent upon public transit, this would be a great property, wouldn't it?

Transitioning to multifamily can be a smart move, but as you’ve noticed, finding positive cash flow in today’s market can be tricky. 

I'd target areas near colleges or transit hubs for affordable properties, and I’d look into financing options like FHA loans or creative financing to make the most of my capital.

Also if any NJ agents that are familiar with using these and transitioning out of them can reach out for some advice and education that would be great seeing that I will need an investor Friendly agent over here to help guide me through everything.

FHA Loan – 3.5% Down (Owner-Occupied)Buy a duplex, triplex, or fourplex, live in one unit, and rent out the others.You only need 3.5% down with a 580+ credit score.STRs are typically not allowed initially, but you can transition over time.3.

Include a buyout clause allowing you to transition to sole ownership after two years, based on a pre-determined valuation formula or market value.Use an LLC to hold the property for liability protection and pass-through taxation, ensuring both partners benefit from depreciation to offset rental income.

Hi Everyone,I'm not new here, but I am transitioning from full-time work to full-time investor, so I'm looking to make connection in the San Antonio area, and across all hot US rental markets. 

Lessons Learned: I should have transitioned to larger commercial deals sooner.

I understand they are planning to to offer recordkeeping and plan document maintenance services to Quest clients with no cost to transition.